Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
N2IT from Wielsbeke, company number BE0476883771, closed financial year 2025 with a result of € 23,700 after tax. For that financial year N2IT recorded a gross margin of € 53,765 and equity of € 116,621. Compared with financial year 2024, the result moved from € 5,434 to € 23,700. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 116,621
▲ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,700
▲ € 18,266 vs 2024
Profit after tax over the fiscal year.
€ 36,114
▲ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 97,621.
People and assets in 2025
€ 1,495
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 84,389
▼ 5% vs 2024
€ 7,194 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 4,581
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,356
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 20,709 | € 48,352 | € 28,800 | € 53,765 | ▲ 87% |
| Profit after taxes | € -1,781 | € 17,269 | € 5,434 | € 23,700 | ▲ € 18,266 |
| Equity | € 70,218 | € 87,487 | € 92,921 | € 116,621 | ▲ 26% |
| Total debts | € 374,718 | € 367,856 | € 324,378 | € 292,890 | ▼ 10% |
| Cash | € 23,416 | € 34,203 | € 25,485 | € 36,114 | ▲ 42% |
| Land & buildings | € 8,893 | € 8,266 | € 7,639 | € 12,799 | ▲ 68% |
| Retained profit | € 51,218 | € 68,487 | € 73,921 | € 97,621 | ▲ 32% |
| Bank debt | € 97,923 | € 93,206 | € 88,563 | € 84,389 | ▼ 5% |
| Balance sheet total | € 444,936 | € 455,343 | € 417,299 | € 409,511 | ▼ 2% |
Key figures of N2IT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to N2IT?
What happened at N2IT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,700 (▲ € 18,266 vs 2024). Source: NBB ↗
- Christophe Vuylsteke became a director. NBB
- New establishment in Wielsbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,781 loss in 2022 to € 23,700 profit in 2025.
Paid € 19,496 in corporate taxes since 2022.
Best year ever: 2025, with € 23,700 profit.
Management
Behind N2IT is Christophe Vuylsteke.
Directors
According to the 2025 annual accounts
Christophe Vuylsteke
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Koen Lisardestraat 20
8710 Wielsbeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.883.771
- VAT number
- BE 0476.883.771
- Registered office
- Koen Lisardestraat 20, 8710 Wielsbeke
- Names & denominations
- N2IT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 March 2002
- Peppol
- Active · Active since 11 Dec 2024
- Activities · NACE
Detailhandel in ICT-apparatuur
Gespecialiseerde detailhandel in kantoormachines en -meubelen, computers en standaardprogrammatuur en telecommunicatieapparatuur
Detailhandel in computers, randapparatuur en software in gespecialiseerde winkels
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Computeradviesbureaus
Computerconsultancy-activiteiten